← FIRST COMMUNITY BANKSHARES INC /VA/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $46.7m $48.0m $51.6m $48.8m
Net Income (Loss) Attributable to Parent $25.1m $21.5m $36.3m $38.8m $35.9m $51.2m $46.7m $48.0m $51.6m $48.8m
Net Income (Loss) Available to Common Stockholders, Basic $25.1m $21.5m — — — — $46.7m $48.0m $51.6m $48.8m
Depreciation, Depletion and Amortization — — — $3.5m $4.5m $4.5m $4.2m $4.0m $4.3m $3.7m
Amortization of Intangible Assets $1.1m $1.1m $1.0m $997k $1.4m $1.4m $1.4m $1.7m $2.1m $1.9m
Depreciation, Nonproduction $3.6m $3.6m $2.9m $3.4m $4.5m $4.5m $4.2m $4.0m $4.3m $3.7m
Amortization Cash Flow — — — — — — $1.4m $1.7m $2.1m $1.9m
Amortization Of Intangibles — — — — — — $1.4m $1.7m $2.1m $1.9m
Depreciation Amortization Depletion — — — — — — $5.6m $5.7m $6.5m $5.7m
Deferred Income Tax Expense (Benefit) ($1.5m) $5.2m $348k ($163k) ($1.5m) $5.3m $2.0m $1.3m $1.8m $1.0m
Share-based Payment Arrangement, Noncash Expense $209k $430k $1.2m $1.5m $1.6m $1.3m $718k $597k $403k $1.5m
Share-based Payment Arrangement, Expense $209k $430k $1.2m $1.5m $1.6m $1.3m $718k $597k $403k $1.5m
Goodwill, Impairment Loss — — $1.5m — $0 $0 $0 $0 $0 $0
Asset Impairment Charge — — — — — $0 $0 — — —
Gain (Loss) on Disposition of Property Plant Equipment ($238k) $1k $25k $75k $59k ($499k) $772k $189k $815k ($3k)
Gain (Loss) on Disposition of Business $3.7m — — — — — — — — —
Gain (Loss) on Disposition of Other Assets ($1.5m) ($791k) ($1.3m) ($1.3m) ($319k) ($231k) ($453k) ($84k) ($29k) ($193k)
Gain (Loss) on Extinguishment of Debt — — — — $0 — — — — —
Income Tax Expense (Benefit) $12.8m $20.6m $8.8m $11.0m $10.2m $15.4m $13.5m $14.0m $14.1m $14.3m
Operating Lease, Expense — — — $203k $180k $182k $175k $171k $178k $189k
Additional Financial Items
Provision for Loan, Lease, and Other Losses $1.3m $2.8m $2.4m $3.6m $12.7m — — — — —
Bank Owned Life Insurance Income $955k $1.4m $687k $916k $814k $1.2m $961k $829k $1.1m $1.3m
Proceeds from Stock Options Exercised $921k $378k $384k $136k $0 $538k $172k $91k $1.4m $248k
Parent Company $10.4m $11.6m $21.1m $15.1m $17.9m $18.1m $18.5m $21.1m $22.0m $60.6m
Debt and Equity Securities, Gain (Loss) — — ($618k) ($43k) $385k $0 $0 ($21k) $0 $0
Debt and Equity Securities, Realized Gain (Loss) — — — ($43k) $385k $0 $0 ($21k) — —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — ($618k) ($43k) $385k $0 — — — —
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — — — — $1.7m $0 $0 —
Equipment Expense $4.3m $4.4m $4.0m $4.5m $5.6m $5.6m $6.0m $5.9m $6.4m $6.1m
Gain (Loss) Related to Litigation Settlement — — — $7.0m $0 $0 — — — —
Goodwill $95.8m $95.8m $92.7m $129.6m $129.6m $129.6m $129.6m $143.9m $143.9m $143.9m
Financing Receivable, Credit Loss, Expense (Reversal) $1.3m — — — — ($8.5m) $6.6m $8.0m $3.6m $72k
Stock or Unit Option Plan Expense $384k $415k $352k — — — — — — —
Beginning Cash Position — — — — — — $677.4m $170.8m $116.4m $377.5m
Cash Flow From Continuing Financing Activities — — — — — — ($28.8m) ($404.9m) ($60.6m) ($67.8m)
Cash Flow From Continuing Investing Activities — — — — — — ($536.8m) $288.7m $263.9m $139.9m
Change In Other Working Capital — — — — — — $3.7m $4.2m ($299k) ($9.4m)
Change In Payable — — — — — — — $0 $0 $18.3m
Change In Payables And Accrued Expense — — — — — — — $0 $0 $18.3m
Change In Working Capital — — — — — — $3.7m $4.2m ($299k) $8.9m
Changes In Cash — — — — — — ($506.6m) ($54.4m) $261.0m $134.8m
End Cash Position — — — — — — $170.8m $116.4m $377.5m $512.2m
Financing Cash Flow — — — — — — ($28.8m) ($404.9m) ($60.6m) ($67.8m)
Free Cash Flow — — — — — — $57.9m $59.1m $54.9m $60.0m
Gain Loss On Investment Securities — — — — — — $0 $21k $0 $0
Gain Loss On Sale Of Business — — — — — $0 ($1.7m) $0 $0 —
Gain Loss On Sale Of PPE — — — — — — ($772k) ($189k) ($815k) $3k
Investing Cash Flow — — — — — — ($536.8m) $288.7m $263.9m $139.9m
Net Business Purchase And Sale — — — — — — ($59.0m) $176.7m $0 $0
Net PPE Purchase And Sale — — — — — — $382k ($943k) ($1.7m) ($2.7m)
Operating Gains Losses — — — — — — ($2.4m) ($168k) ($815k) $3k
Other Non Cash Items — — — — — — ($2.2m) ($2.7m) ($2.9m) ($1.9m)
Proceeds From Stock Option Exercised — — — — — — $172k $91k $1.4m $248k
Purchase Of PPE — — — — — — ($1.2m) ($2.8m) ($2.8m) ($2.7m)
Repurchase Of Capital Stock — — — — — — ($21.3m) ($23.0m) ($8.7m) ($1.9m)
Sale Of PPE — — — — — — $1.5m $1.8m $1.1m $0
Stock Based Compensation — — — — — — $1.4m $1.2m $1.0m $2.2m
Derivative, Gain (Loss) on Derivative, Net $116k $78k — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $43.1m $39.0m $49.5m $56.7m $45.8m $48.2m $59.0m $61.8m $57.7m $62.7m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $793k $2.4m $2.6m — $3.2m $3.0m $1.2m $2.8m $2.8m $2.7m
Payments to Acquire Businesses, Net of Cash Acquired $26.3m — — — — — — — — —
Net Investment Purchase And Sale — — — — — — ($243.6m) $48.5m $111.4m $42.9m
Purchase Of Investment — — — — — — ($269.3m) ($74.1m) ($110.0m) ($93.8m)
Sale Of Investment — — — — — — $25.7m $122.6m $221.3m $136.7m
Net Other Investing Changes — — — — — — $2.1m ($79k) $1.3m $548k
Net Cash Provided by (Used in) Investing Activities $110.2m $65.2m $49.4m $171.4m $17.8m $35.4m ($536.8m) $288.7m $263.9m $139.9m
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $99.9m $37.2m $68.8m $32.9m $44.7m $27.3m $25.7m $83.6m $221.3m $136.7m
Issuance Of Debt — — — — — $0 $338k $0 $0 —
Long Term Debt Issuance — — — — — $0 $338k $0 $0 —
Net Issuance Payments Of Debt — — — — — $0 $338k $0 $0 —
Net Long Term Debt Issuance — — — — — $0 $338k $0 $0 —
Net Common Stock Issuance — — — — — — ($21.3m) ($23.0m) ($8.7m) ($1.9m)
Payments for Repurchase of Common Stock $23.8m $1.3m $34.4m $16.4m $21.9m $28.9m $21.3m $23.0m $8.7m $1.9m
Payments of Ordinary Dividends, Common Stock $10.4m $11.6m $21.1m $15.1m $17.9m $18.1m $18.5m $21.1m $22.0m $60.6m
Common Stock Payments — — — — — — ($21.3m) ($23.0m) ($8.7m) ($1.9m)
Cash Dividends Paid — — — — — — ($18.5m) ($21.1m) ($22.0m) ($60.6m)
Change In Dividend Payable — — — — — — — $0 $0 $18.3m
Common Stock Dividend Paid — — — — — — ($18.5m) ($21.1m) ($22.0m) ($60.6m)
Net Cash Provided by (Used in) Financing Activities ($128.8m) ($22.5m) ($180.0m) ($87.9m) $175.9m $137.3m ($28.8m) ($404.9m) ($60.6m) ($67.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $24.5m $81.6m ($81.1m) $140.1m $239.6m $220.9m ($506.6m) ($54.4m) $261.0m $134.8m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($506.6m) ($54.4m) $261.0m $134.8m
Interest Paid, Excluding Capitalized Interest, Operating Activities — $8.3m $7.9m $5.7m $5.5m $3.1m $2.1m $9.1m $19.4m $16.5m
Income Taxes Paid, Net $6.6m $15.9m $7.6m $8.1m $9.1m $14.4m $7.6m $11.8m $13.4m $9.8m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.